Compound interest problems Practice Question and Answer
8 5 Answer : 2. "Rs.208"
5 Answer : 1. "Rs 772.50"
5 4 Q:
5f328262a19eae5979ff57c2 5 Answer : 1. "Rs 12000"
4 Answer : 1. "80,000"
5 4 Answer : 2. "Rs 1200"
Q: What would be the compound interest obtained on an amount of Rs.1250 at the rate of 8 percent per annum after 2 years? 2666 15d11ebe84702d75f768831e9
5d11ebe84702d75f768831e9- 1Rs.200false
- 2Rs.208true
- 3Rs.212false
- 4Rs.220false
- 5None of thesefalse
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Answer : 2. "Rs.208"
Explanation :
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Q: Find the compound interest on Rs.6250 at 12% per annum rate for one year if interest is calculated on half yearly basis. 2006 05d11f65d4702d75f768831f9
5d11f65d4702d75f768831f9- 1Rs 772.50true
- 2Rs 772false
- 3Rs 662false
- 4Rs 663false
- 5None of thesefalse
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Answer : 1. "Rs 772.50"
Explanation :
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Q: What amount of compound interest can be obtained on the principal amount of Rs. 15800 at the rate of 6 percent per annum at the end of 2 years? 1817 05d11edcb557b295f691f651c
5d11edcb557b295f691f651c- 1Rs 1,896false
- 2Rs.2012.48false
- 3Rs. 1952.88true
- 4Rs.1,956false
- 5None of thesefalse
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Answer : 3. "Rs. 1952.88"
Q: A bank offers a 20% compound interest per half year . A customer deposits Rs. 2800 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is______
1809 05f328262a19eae5979ff57c2
5f328262a19eae5979ff57c2- 1Rs.1792true
- 2Rs.448false
- 3Rs.3584false
- 4Rs.896false
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Answer : 1. "Rs.1792 "
Q: Mr Amin borrowed a certain sum from Mr Visvas. He borrowed for first 2 year at 8% per annum, for next 3 years at 11% per annum and beyond that at 14% per annum. Mr Amin paid Rs 10,920 as Simple interest in 8 years. Find how much he had borrowed? 1668 05d1206c74702d75f76883252
5d1206c74702d75f76883252- 1Rs 12000true
- 2Rs 15000false
- 3Rs 14000false
- 4Data insufficientfalse
- 5None of thesefalse
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Answer : 1. "Rs 12000"
Explanation :
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Q: The difference between C.I and S.I is Rs 200 at 5% for 2 years. Find the principal? 1617 25d121376dea5da6dbe8bf27a
5d121376dea5da6dbe8bf27a- 180,000true
- 240,000false
- 320,000false
- 410,000false
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Answer : 1. "80,000"
Explanation :
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Q: The simple interest accrued on an amount of Rs 15,000 at the end of three year is Rs 2,250. What would be the compound interest accrued on the same amount at the same rate in the same period? 1585 05d11f893557b295f691f656a
5d11f893557b295f691f656a- 1Rs 8934.6784false
- 2Rs 8017.5744false
- 3Rs 7861.8754false
- 4Cannot be determinedfalse
- 5None of thesetrue
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Answer : 5. "None of these"
Q: A certain sum amounts to Rs 1308 in 3 years, while it becomes Rs 1380 in 5 years. Find the principal. 1416 15d120c07dea5da6dbe8bf267
5d120c07dea5da6dbe8bf267- 1Rs 1100false
- 2Rs 1200true
- 3Rs 1300false
- 4Rs 1400false
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Answer : 2. "Rs 1200"
Explanation :
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